BNK Bank (Goldfields Money/BCHL)Business Term Deposit
Business Term Deposit option: we pay a great rate to reward you for stashing your hard earned cash with us.
At a glance
- Best rate
- 5.40% for 10m
- 12 months
- 5.40%
- Min deposit
- $5,000
How it compares
This term deposit in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business 12-month term depositBest rate for a 12-month term | 5.40% | 5.70%AMP Bank GO 12 Month Business Term Deposit | 5.30%of 17 institutions | 5th highest of 17, level with 2 others |
Rates
Every rate BNK Bank (Goldfields Money/BCHL) publishes for this term deposit, 12 in all.
Its best rate at each term
- 1 mo5.05%
- 2 mo5.05%
- 3 motypical 4.60%5.25%
- 4 mo5.30%
- 5 mo5.35%
- 6 motypical 5.10%5.35%
- 7 mo5.35%
- 8 mo5.35%
- 9 mo5.40%
- 10 mo5.40%
- 11 mo5.40%
- 1 yrtypical 5.30%5.40%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedRate applied to a 1 Month Term Deposit | - | 1 mo | - | 5.05% | - | paid at maturity; paid every 1 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 10 month Term Deposit | - | 10 mo | - | 5.40% | - | paid at maturity; paid every 10 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 11 month Term Deposit | - | 11 mo | - | 5.40% | - | paid at maturity; paid every 11 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 12 month Term Deposit | - | 1 yr | - | 5.40% | - | paid at maturity; paid every 1 yr; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 2 month Term Deposit | - | 2 mo | - | 5.05% | - | paid at maturity; paid every 2 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 3 month Term Deposit | - | 3 mo | - | 5.25% | - | paid at maturity; paid every 3 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 4 month Term Deposit | - | 4 mo | - | 5.30% | - | paid at maturity; paid every 4 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 5 month Term Deposit | - | 5 mo | - | 5.35% | - | paid at maturity; paid every 5 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 6 month Term Deposit | - | 6 mo | - | 5.35% | - | paid at maturity; paid every 6 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 7 month Term Deposit | - | 7 mo | - | 5.35% | - | paid at maturity; paid every 7 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 8 month Term Deposit | - | 8 mo | - | 5.35% | - | paid at maturity; paid every 8 mo; This rate is applicable to new Term Deposit Accounts |
| FixedThe rate applied to a 9 month Term Deposit | - | 9 mo | - | 5.40% | - | paid at maturity; paid every 9 mo; This rate is applicable to new Term Deposit Accounts |
Rate changes
12 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 22 Oct 2026 | Fixed, 1 mo | 4.05% | 5.05% | up 1.00 |
| 22 Oct 2026 | Fixed, 10 mo | 5.25% | 5.40% | up 0.15 |
| 22 Oct 2026 | Fixed, 11 mo | 5.25% | 5.40% | up 0.15 |
| 22 Oct 2026 | Fixed, 1 yr | 5.25% | 5.40% | up 0.15 |
| 22 Oct 2026 | Fixed, 2 mo | 4.45% | 5.05% | up 0.60 |
| 22 Oct 2026 | Fixed, 3 mo | 4.95% | 5.25% | up 0.30 |
| 22 Oct 2026 | Fixed, 4 mo | 5.05% | 5.30% | up 0.25 |
| 22 Oct 2026 | Fixed, 5 mo | 5.20% | 5.35% | up 0.15 |
| 22 Oct 2026 | Fixed, 6 mo | 5.20% | 5.35% | up 0.15 |
| 22 Oct 2026 | Fixed, 7 mo | 5.25% | 5.35% | up 0.10 |
| 22 Oct 2026 | Fixed, 8 mo | 5.25% | 5.35% | up 0.10 |
| 22 Oct 2026 | Fixed, 9 mo | 5.25% | 5.40% | up 0.15 |
Each change is logged the night it appears in the rates BNK Bank (Goldfields Money/BCHL) publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
When you make a transaction1
- Term Deposit Early Withdrawals
withdraw part or all of the balance before the maturity date, the interest you receive on the amount withdrawn may be reduced based on the term elapsed as a percentage of the total term. This is the…
From $0
Features
- 7 calendar days rollover cooling off period
- All deposits you have with BNK/Goldfields are guaranteed up to $250,000 by the Australian Government, under the Financial Claims Scheme. For more information on the Financial Claims Scheme.
- A loyalty bonus maybe offered if you automatically roll over your term deposit into a new term with BNK/Goldfields
- No Fees
- Rollover facility available
Eligibility and limits
- Minimum age 18
- Residency: Be a Company, sole trader business, partnership, or a Trustee of a Trust or SMSF and have either an ACN, ABN or ARBN;
- Available to businesses
- Minimum balance $5,000
- Opening balance $5,000
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Published by BNK Bank (Goldfields Money/BCHL) under the Consumer Data Right, last changed by them on 22 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.